NZDUSD, H4 is bouncing from our Pivot point. Potential for furth
Description:
Price is bouncing from our Pivot point of 0.72764, which is in line with 23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.73595, in line with -27% Fibonacci retracement and 127% fibonacci extension. Please note that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 0.72764
Why we like it:
23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.72351
Why we like it:
50%, 78.6% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.73595
Why we like it:
50% Fibonacci retracement, 50%, 100% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Price is bouncing from our Pivot point of 0.72764, which is in line with 23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap. A potential rise from here towards our first resistance level of 0.73595, in line with -27% Fibonacci retracement and 127% fibonacci extension. Please note that price is trending above the Ichimoku cloud and ascending trendline, in line with our bullish view.
Pivot: 0.72764
Why we like it:
23.6%, 50% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap
1st Support: 0.72351
Why we like it:
50%, 78.6% Fibonacci retracement, 78.6% Fibonacci extension and horizontal graphical overlap.
1st Resistance: 0.73595
Why we like it:
50% Fibonacci retracement, 50%, 100% fibonacci extension and horizontal graphical overlap.
Trading FX & CFDs carries high risk.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.